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Showing 31 - 40 of 618 results for "custodian"

BlackRock files for bitcoin ETF

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
... mirror the performance of bitcoin's price before the payment of expenses and liabilities. Coinbase will act as the custodian for the iShares Bitcoin Trust's assets, safeguarding a portion of the private keys linked to the trust's bitcoin ...

ETF explainer: Understanding their structure

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
... role of custodians in this process. Once ETF units are created, the underlying assets are transferred to a third-party custodian. In the case of Betashares, the custodians are Citi and BNP Paribas. The custodian, a separate entity from the ETF issuer ...

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
Insignia Financial and OnePath Custodians will pay $1.5 million for failing to direct member contributions to a MySuper product. APRA has fined OnePath Custodians $1.46 million after it was made aware 125 default member contributions were not directed ...

Northern Trust launches asset owner platform

CHLOE WALKER  |  WEDNESDAY, 7 JUN 2023
... opportunities. A-Suite also aims to serve as a platform where peers across the globe can benchmark and share best practices, the custodian said. Northern Trust Americas head of asset owners Melanie Pickett said the launch is very exciting, but just the ...

ASIC revokes Centurion subsidiary licence, suspends fund manager

ANDREW MCKEAN  |  WEDNESDAY, 24 MAY 2023
ASIC has cancelled the AFSL of Centurion Custodian Funds Management and suspended Huntley Management for non-compliance. The AFS licence of Centurion Custodian Funds Management, a subsidiary of Centurion, has been cancelled effective from January 18. ...

BT names distribution lead

KARREN VERGARA  |  TUESDAY, 23 MAY 2023
BT has named its new head of distribution to fill the role vacated last December. Jason Brown, who has been head of distribution in an acting capacity, officially takes the post. He was previously the head of account management for nearly five years ...

Citi awarded custody mandate by Mason Stevens

ANDREW MCKEAN  |  MONDAY, 1 MAY 2023
... as well as exceptional client support and market-leading expertise." As at December 2022, Cit was the third-largest custodian in Australia by assets, with $693 billion under custody. This was up 2.2% in the second half of the year.

SG Hiscock commences abrdn fund changes

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... will transition from abrdn. There will be no change to the fund's objectives, investment strategy or fees, however the custodian and administrator will switch to Apex Group. Meanwhile, the abrdn Australian Small Companies Fund will become the SGH Australian ...

Equity Trustees wins real estate fund mandate

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... board." As previously reported by Financial Standard, last week Equity Trustees was also selected as the trustee and custodian for Northleaf Capital Partners' senior private credit fund, NSPC AUD Investor Trust. Recently, Equity Trustees has also been ...

Equity Trustees wins Northleaf Capital mandate

ANDREW MCKEAN  |  THURSDAY, 16 MAR 2023
Equity Trustees has been selected as the trustee and custodian for Northleaf Capital Partners' senior private credit fund, NSPC AUD Investor Trust. The NSPC AUD Investor Trust (NSPC Australia) is a unit trust domiciled in Australia and available ...